Karatgold Coin (KBC)

Current price: $ 0.02

24 hours price change: $ -0.000907 (-4.23%)

Daily analysis of Karatgold Coin (KBC) - 6 months

The performance of Karatgold Coin regarding the price differs every day. To make the best decision to buy Karatgold Coin, we are analysis in this article the performance of Karatgold Coin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 6 months, starting on April 20th, 2019 to October 20th, 2019.

In the barchart below, the weekdays and average performance of Karatgold Coin are shown side by side.

Average daily change in price of Karatgold Coin per weekday between 04/20/2019 and 10/20/2019.

According to the performance of Karatgold Coin between April 20th, 2019 and October 20th, 2019, Karatgold Coin performed the best on Wednesdays. On average, the price of Karatgold Coin increased 3.38% on Wednesday.

The weekday on which the Karatgold Coin performed the worst, is Tuesday. On Tuesdays, the Karatgold Coin declined in value on average by -2.18%.

Karatgold Coin weekday performance

On an average Sunday the Karatgold Coin shows an increase in value of 1.07%. However, the change of Karatgold Coin on most of the Sundays is between -10.88% and 13.01%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Karatgold Coins.

It is hard to tell whether the Karatgold Coin will increase or decrease in value on an average Monday. The average change on a Monday for the Karatgold Coin is -0.03%. However, the standard deviation on this weekday is 10.86%. This means that on most Mondays, the change in value of the Karatgold Coin is between -10.89% and 10.83%.

The Karatgold Coin declines in value on an average Tuesday with -2.18%. However, the uncertainty (or standard deviation) is quite large, namely 7.04%. This means that it is not possible to say whether on a regular Tuesday the Karatgold Coin will increase or decrease in value.

The increase in value of the Karatgold Coin is 3.38% on an average Wednesday. However, the uncertainty on the average change is high for the Karatgold Coin on Wednesdays. This is the reason why an expected increase of the Karatgold Coin on an average Wednesday cannot be predicted. The standard deviation for Karatgold Coin on Wednesdays is high, namely 14.17%. This means that the expected range of value change for the Karatgold Coin is -10.79% and 17.55% on 68% of the Wednesdays.

Karatgold Coin increased in value on an average Thursday only slightly. The average increase in value of the Karatgold Coin was 0.12%. Allthough the Karatgold Coin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (9.42%). This means that on 68 percent of the Thursdays, the change in price of the Karatgold Coin is expected to be in the range of -9.29% and 9.54%.

The Karatgold Coin declines in value on an average Friday with -1.41%. However, the uncertainty (or standard deviation) is quite large, namely 7.48%. This means that it is not possible to say whether on a regular Friday the Karatgold Coin will increase or decrease in value.

It is hard to tell whether the Karatgold Coin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Karatgold Coin is -0.13%. However, the standard deviation on this weekday is 11.89%. This means that on most Saturdays, the change in value of the Karatgold Coin is between -12.02% and 11.76%.

Karatgold Coin weekday performance details

Find below the details of the performance of Karatgold Coin per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 1.07% 11.94% -10.88% to 13.01%
Monday -0.03% 10.86% -10.89% to 10.83%
Tuesday -2.18% 7.04% -9.21% to 4.86%
Wednesday 3.38% 14.17% -10.79% to 17.55%
Thursday 0.12% 9.42% -9.29% to 9.54%
Friday -1.41% 7.48% -8.89% to 6.07%
Saturday -0.13% 11.89% -12.02% to 11.76%